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Stock Market & Financial Investment News

News Breaks
March 30, 2014
17:39 EDTVIPSVipshop upgraded to Buy from Neutral at Goldman
Goldman upgraded Vipshop citing valuation and the company's growth prospects. The firm keeps a $185 price target for shares.
News For VIPS From The Last 14 Days
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June 22, 2015
06:07 EDTVIPSVipshop recent weakness a buying opportunity, says Summit Research
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June 19, 2015
08:22 EDTVIPSChina to let foreign companies fully own e-commerce businesses, Reuters reports
China's Ministry of Industry and Information Technology announced that, effective immediately, foreign companies will be allowed to have full ownership of some e-commerce businesses, reported Reuters. Players in China's booming e-commerce market include market leader Alibaba Group (BABA) as well as JD.com (JD), Amazon.com (AMZN), Vipshop (VIPS) Wal-Mart (WMT), which holds a stake in shopping site Yihaodian, the report noted. Reference Link

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